Economic Governance and Market Regulation

Major of the Master’s Degree in Policies and Governance in Europe

The Master’s degree in Policies and Governance in Europe prepares students for a professional world in which decisions in Europe are made at different related levels by both elected governments and non-elected organizations. Specifically: it analyses policies at the EU, international, national, regional and local levels; it examines elected governments, independent  central banks, regulatory agencies, networks of experts, international organizations, interest groups, social movements and associations the first year covers key areas for Europe while the second year has two specialized tracks: cultural heritage; economic governance and market regulations.  The approach is comparative across different European countries as well as the EU and international organisations.

It is also interdisciplinary, with courses in political science, law and economics, as well as sociology and management. It combines theory and practical examples. It is taught entirely in English by internationally-recognised experts. The course offers a combination of analytical skills, knowledge of key domains and specific competencies that are attractive for public and private sector organizations such as governments and regulatory agencies, EU and international institutions and the lobbying and public affairs units of large firms and associations. The two specialized tracks offer professional opportunities in expanding areas- cultural domains and economic governance and regulation.

Program Insights

The program is entirely held in EnglishThe first year of the course offers a combination of knowledge of key domains for policy making in Europe and vital skills for policy analysis - from EU institutions, law and regulation and the economics of Europe to comparative policy analysis, demography and statistics. The combination of several complementary disciplines allows students to consider the political, economic, legal and other aspects of policy questions.The second year tracks provide specialization in two expanding domains that build on the comparative advantages of Italy, Rome and Luiss. Cultural heritage includes policies towards collecting, exporting and exhibiting art, preserving historic buildings and natural heritage and promoting cultural tourism, heritage food and drink and art and immaterial heritage such as languages. Italy and Rome offer an ideal place to study as they have a long history of perseveration policies and a vast heritage- for instance, Italy has the highest number of UNESCO World heritage sites of any country.  Cultural heritage is growing rapidly in Europe and elsewhere, accounting for a large percentage of economies and providing many jobs.Many new organizations to govern economic markets have been created - from independent regulatory agencies, competition authorities and central banks to expert networks and commissions, at national, EU and international levels. These bodies play central roles in the life of firms and markets as regulation has exploded in recent years. Italy has many independent agencies and long experience of governing markets through law, rules and informal norms. Understanding governance of markets requires a combination of different disciplines, as it is not just economic but also political and legal.

Study Plan

I year – 2020-2021

CourseCredits
Comparative Public Policy in Europe6
EU Institutions and Decision Making6
EU Law and Regulation6
The Integration of Europe6
The Economics of Europe6
Policy Evaluation and Implementation6
Data Analysis for Social Sciences6
Demography, Society and Policy in Europe6
First language6

II year – 2021-2022

CourseCredits
Regulation by Independent Agencies6
Social and Labor Market Regulation6
Industrial Policy in Europe6
3 Electives courses18

Activities for all majors

ActivitiesCredits
Laboratories6
Second language6
Other activities8
Final work16
Total Credits120
The course is subject to approval from the Ministry of Education and the study plan could change.
Job Opportunities

The course develops key skills that modern professionals need:

  • the use of tools of policy analysis
  • understanding major policy issues in Europe
  • understanding the interactions of politics, law and economics
  • combining different disciplines
  • analysing complex cases
  • expertise in institutions and policy processes at different levels
  • making public presentations
  • statistics
These skills are attractive to public and private organizations that need staff to analyse complex issues that are affected by policies made at different levels in Europe and must be understood as a whole. Potential employers include:
  • central, regional and local governments
  • EU and international institutions
  • consultancies that offer expertise at the EU and national levels
  • large firms
  • lobbying and public relations units of large firms and associations
The two specialized majors offer particular opportunities. The cultural heritage sector includes museums, governments, the third sector, associations and firms. Economic governance can lead to employment in regulatory, competition authorities and expert bodies, as well as the regulatory affairs departments of large firms and associations.Luiss offers many opportunities for internships thanks to agreements with public organizations and private firms, including those specifically interested in PAGE. Such experiences allow students to gain valuable experience and understand what employment they would like. It also provides multiple opportunities to meet policy makers, firms and associations thanks to its programme of speakers and visitors and its position in Rome.

Double Degrees & other International Opportunities

PAGE is an internationalized degree. Students have many opportunities to go abroad through double degrees with Luiss partner institutions and exchange programs. Students are also recruited from all over the world while staff have international experience in Europe and the US.

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Economic Governance and Market Regulation

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Numbers
2.6

Months between graduation and first job

1:7

Luiss Professor/student ratio

28

Additional study abroad progams

44

Countries with active partner universities

223

Number of agreements

Example of recruiters